French competition authority fined Legrand €43 million for vertical price fixing
Company: Legrand S.A.
Summary
On 29 October 2024, the French Competition Authority found that Legrand had entered a vertical agreement with distributors concerning resale prices from May 2012 through September 2015 and imposed a €43 million fine. Legrand publicly disputed the decision and announced an appeal, so this record is marked unresolved and does not present the administrative decision as finally unappealable. Primary sources: https://www.autoritedelaconcurrence.fr/en/press-release/electrical-equipment-autorite-imposes-fines-eu470-million-manufacturers-schneider and https://www.autoritedelaconcurrence.fr/fr/decision/relative-des-pratiques-mises-en-oeuvre-dans-le-secteur-du-materiel-electrique-basse